Genny Li
Does Stessa have a de minimis safe harbor toggle for capex????
It's doing my cashflow wrong on capex. I don't plan on depreciating a CURTAIN ROD, for heaven's sake. Is there a way to tell it it's going under the de minimis rule????
Don Barlow
Vacation rentals in Ragland New Zealand? Any experts to partner?
My wife is from North Island and we have began investing in the states but would like to consider NZ since we have family there who could help manage rentals. Have never bought property in NZ. Know a little bit about ...
Eric Belgau
Professional Services as an Expense?
My keyword settings keep me seeing forum posts about LLCs. Inevitably, discussions of LLCs (and the constellation of issues related to them) reinforce the need to work with professionals: attorneys and CPAs espec...
Pallavi Pushkara
Misrepresentation of Condo square footage
HI everyone,
I was hoping to get some advice. So my partner and I (first time home buyers) recently purchased a condo in Toronto (Feb 2022). the official MLS listing said that our condo is 1400-1600 sqft. However, M...
Steve Gerten
How to get rid of an association in a condo
We own a few units in a 6 unit condo building. The opportunity to purchase 2 more just came up (bringing us to 4 out of the 6)and so we are nearing our goal of owning the entire building. I’m now curious how we go abo...
Steven Horvath
New, Used, or Converted (Building) Form 4562
Just hoping you all here could give me a hand, i am filing my taxes online with rental income for the first time and i need help with this form-
New, Used, or Converted (Building) Form 4562
Which describes this p...
Oren K.
Estimating Utilities
I am looking at a property that due to a variety of circumstances it does not have a lot of historical information available. This got me thinking about how to estimate gas, electrical etc. Yes, during the DD period,...
Christopher J Lemmon
Determining Depreciation Write Off
I have 2 SFR that were purchased and placed into service this year. I have one more that was a personal residence that I placed into rental service at the beginning of this year. How do I determine what the depreciati...
Andrew Pugh
Apartment Investing Criteria - Why no love for mid and hi-rise?
Hey BPers, I spent the last couple of hours browsing the websites of a variety of apartment buyers around the country and a couple of things stand out:1. Many only want garden style / low-rise apartments2. Many only w...
James Oswill
Anybody have any thoughts 35 beds apartment building L.A
Multi-Unit Information
Unit Type 1 InformationActual Rent: $1,254Total # of Baths: 1Total # of Beds: 1Furnished: UnfurnishedTotal Rent: $13,795Total # of Units: 11
Unit Type 2 InformationActual Rent: $1,373Total # o...